SPY sold off for what appears to be the end of wave 5 of intermediate wave 1 by bouncing off the 3.618 fib retracement. We should see an ABC bounce going into intermediate wave 2 up which means buyers are back (for now) and I expect a move to 446 to 457 in the next week or two. Find an entry for shorts in the next 10 days to 15 trading days when the SPY reaches those levels. In the meantime, don't stress about going long on a lot of oversold stocks. The market gifts opportunities in both directions, so watch your biases and learn to take what the market gives you.
Not financial advice.
Not financial advice.